Mon, 24 February
-4.9 C
Yerevan
USD: 393.90 RUB: 4.48 EUR: 412.81 GEL: 139.68 GBP: 497.97
spot_img

Armenian banks paid 34.4 billion drams in taxes in 2016

YEREVAN, February 1. /ARKA/. All 17 Armenia-based commercial banks were among the 1000 largest corporate taxpayers in 2016 having paid about 34.4 billion drams in various taxes, the State Revenue Committee said today.

The amount was down from 41.2 billion drams the banks paid in taxes in 2015.
According to official data, some 34.3 billion drams were collected by tax authorities and about 74.5 million drams by the customs authorities.

Of the 34.4 billion drams some 30.3 billion drams were collected as direct taxes (income tax and personal income tax); indirect taxes, including excise taxes, stood at about 2.14 billion drams. Also 1.93 billion drams were paid as other taxes, duties and obligatory payments.

The top five banks by size of paid taxes were Ameriabank – 4.03 billion drams (25th place in the list of 1000 largest corporate taxpayers), VTB Bank (Armenia) -. about 3.42 billion drams (29th place), ACBA-CREDIT AGRICOLE BANK -. 3.36 billion drams, (31st place), Ardshinbank – 3.07 billion drams (39th place) and Inecobank – 2.79 billion drams (43rd place).

The list of the 100 largest taxpayers included also Armbusinessbank – 2.71 billion drams, Unibank – 2.61 billion drams, HSBC Bank Armenia -. 1.79 billion drams, Conversebank – 1.63 billion drams, Anelik Bank- 1.54 billion drams and Armeconombank -. 1.51 billion drams.

Overall, the 1000 largest corporate taxpayers paid more than 716.9 billion drams in various taxes in 2016, an increase of 2.8% from 2015. ($ 1 – 486.5 drams). – 0-

spot_img

POPULAR

Central Bank of Armenia has no plans to tighten liquidity requirements for banks (EXCLUSIVE)

Armenia’s Central Bank is not planning to make changes to or revise its current regulatory framework designed for local commercial banks, the regulator’s press service said in  response to  ARKA News Agency's inquiry about whether it was planning to  toughen prudential requirements for banks, particularly, the liquidity ratio because of  the large inflow of non-resident funds

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro exchange rate rises 0.4 points to AMD 412.82

The average market exchange rate of the U.S. dollar to the Armenian dram on February 20, 2025, stood at 395.31 drams, down 0.41 points compared to February 19.

Cashless payments in Armenia exceed cash payments – PM

Armenian Prime Minister Nikol Pashinyan said at a government meeting that cashless payments exceed cash payments this year.

AMX wins two prestigious Global Banking & Finance Awards

The Armenian Securities Exchange (AMX) announces that it has been recognized as the “Best Stock Exchange in the South Caucasus 2025” and the “Fastest Growing Stock Exchange in the South Caucasus 2025” by the prestigious Global Banking & Finance Awards magazine.

LATEST NEWS

spot_imgspot_imgspot_img